Essays about: "Stefanie Heidrich"

Found 1 essay containing the words Stefanie Heidrich.

  1. 1. Directed technological change from an empirical perspective

    University essay from SLU/Dept. of Economics

    Author : Stefanie Heidrich; [2010]
    Keywords : economic growth; resources; elasticity of substitution; Nerlove; factor shares;

    Abstract : Directed technological change is very important, since it determines(for instance) the rate of resource exploitation. The long term relationshipbetween resource prices and demand needs to be understood better,in the light of new theories which have been developed to a greatextent by Acemoglu; in Acemoglu’s model, there either exists a balancedgrowth path (complements) or a corner solution is approached(substitutes), depending on the elasticity of substitution. READ MORE